• Included in your online account are free financial tools that allow you to set a personal budget, track all of your spending and upcoming payments, and download all of your information so that it can be imported into other software programs like Microsoft Excel, Quicken, and Microsoft Money. You can also generate printer friendly data that can be printed to whichever device you choose. This is a fantastic feature that usually only comes with major banking accounts, and even then some of those do not have a complex range of options.

• The Rush Bill Pay feature would have to be one of the most innovative features to be seen on a debit card account. Again you can track all of your transaction history, but as well as scheduling utility, rent and/or mortgage payments by check, you can also pay friends and other people through the use of this feature on your card account. In line with your budget, your notification system will alert you to when upcoming payments are due, allowing you plenty of time to make sure the funds are in your account to meet the payments.

• Without a doubt, the other fantastic feature of the Bancorp Bank purple diamond prepaid Visa RushCard account is the host of free inclusions. We all know that fees and charges can make or break our accounts at the end of each cycle, and with this debit card account offering so many free options for transactions, it really must be a big draw card for anyone considering which card would be best for them. Unlimited “credit” transactions and two free ATM withdrawals each month should be plenty of incentive for anyone trying to cut down on fee expenses.

The Bancorp Bank purple diamond prepaid Visa RushCard is a facility that like all other debit cards, only allows you to spend the money you already have in your savings account. You can not get into debit situations and are therefore protected against any interest or charges that would normally apply to credit card spending. This Visa card, issued by the Bancorp Bank, is aimed at anyone who wants a stylish way to manage their money and their spending.

One of the things that is important to check when using a debit card of any sort, is the company that designs the payment plans associated with the card. In this case that company is UniRush LLC, the same people that designed and initiated the RushCard line of prepaid debit cards across the United States. With a solid business reputation, and being headed by an entrepreneurial founder with philanthropy listed as one of his main interests, the Bancorp Bank purple diamond prepaid Visa RushCard was introduced as a card for people who for whatever reason could not form a traditional banking relationship. Currently there are more than forty-eight million people using the RushCard line of products.

Founded in 2003, the company offers many features not found with other debit card providers, and being that RushCard was one of the first in the industry, it has remained at the cutting edge of feature design for its customers. The first thing that you will notice is that there is no credit check when applying for the Bancorp Bank purple diamond prepaid Visa RushCard, and yet one of the great features of the card is the fact that with the RushCard to Credit feature, your transactions when using the card, are reported to two major credit reporting agencies. By using your debit card to pay your utility bills on time, the details of these transactions will be sent directly to LexisNexis and PRBC. This feature is certainly not found on every debt card, but with the RushCard line of products, they go the extra mile to help restore your credit.

Even though there is a three dollar activation charge, and a $9.95 monthly charge for the Bancorp Bank purple diamond prepaid Visa RushCard, you are receiving a lot for your money, particularly when comparing this card to others on the market. For starters, this monthly fee of $9.95 allows you to make up to two ATM withdrawals each month, free. It also offers you FREE direct deposit, meaning that your salary can be paid directly to your debit card each payday. You will receive unlimited free transactions when you select “credit” as your payment type on the merchant swipe unit. As mentioned earlier, you will also receive the optional free credit builder, which will assist with restoring your credit score over time, if this is an issue for you right now.

One of the things I like most about this card is the fact that the developers recognized that not everyone has a perfect credit score, and not everyone has the ability to form a genuine traditional relationship with a bank. Of course this profile fits more and more people every day with the way the global financial market is trying to recover. This means that the card is extremely easy to apply for, and acceptance is virtually guaranteed. You simply complete an online application, fund your card from a variety of sources, and wait for your card to be delivered.
With added features like the ability to have your timely payment notifications sent to reporting agencies, you are able to really control your future financially, through the effective use of your Bancorp Bank purple diamond prepaid Visa RushCard. Being that this card is aligned to the Monthly Payment options, your pay can be direct credited free, your transactions can be free, and you can access cash via an ATM free on two occasions every month. There is no overdrawing your account, and you have access to all of your details online, twenty four hours a day, seven days a week. What could be more convenient than this?

Although there are charges for using your PIN as opposed to selecting “Credit” and conducting a signature transaction, the fees are nominal if you are conducting just a few transactions each month. However the best idea when using your card is to take full advantage of the FREE options that are available to you. You will already be paying $9.95 each month as an account keeping charge, and the total charge avails a whole array of different free features that you can take advantage of.

Using your card internationally is no problem either. Being that the Bancorp Bank purple diamond prepaid Visa RushCard is a VISA card, it is recognized at tens of millions of International locations. There is an extra fee for using an International ATM to withdraw cash, but again if you have a clear plan of how you will use your card and on which transactions, you should not need to access an international ATM too frequently. It is just a bonus to know that your card can travel with you, and that it will be accepted throughout the world as a credit card would be.
Rush Bill Pay is another unique feature of the RushCard line of prepaid debit cards. This very cool feature allows you to stop stressing about money orders, envelopes and stamps, because you can schedule almost any bill to be paid online through your Bancorp Bank purple diamond prepaid Visa RushCard account. This includes utility suppliers, landlords, banks and even your friends. They can all be paid in time and by check at your discretion. These payments can be single payments, recurring payments and even payments that you know are coming on specific dates in the future, and not only that, but you can also receive email or text alerts that payments are nearly due. This is another amazing feature that will help you to keep in total control of your spending.